| Retx.com Selects the Excelergy Suite of Solutions to Perform Transaction Processing for the Retail Energy Industy Transaction Clearinghouse Firm to License Excelergy ABP 3000 and eXACT | |
| 7/12/2000 | |
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LEXINGTON, MA – Retx.com, a pioneer in Web-based services for the retail energy market, announced today that it has selected Excelergy Corporation’s suite of solutions to perform its business-to-business data transaction processing, including customer enrollments and customer data aggregation. Under the agreement, Excelergy, a provider of business-to-business technology for the retail energy industry, will provide Retx.com with its ABP™ 3000 billing and customer care solution and eXACT™ trading partner and transaction management solution. “We are delighted to combine Excelergy’s flexible customer-focused transaction platform, its XML standards and its powerful transaction hub with Retx.com’s applications hosting service and Transaction Quality Improvement Program,” said Trei Henri, cofounder of Retx.com. “Excelergy’s customer care solutions give us an edge by helping us cleanly and efficiently manage transactions, thereby lowering costs and helping our customers more fully realize the benefits of deregulation.” Retx.com will use Excelergy’s ABP 3000 and eXACT customer data management functionalities to load transaction information that has been aggregated for settlement purposes. After compiling the data, Retx.com will distribute it among appropriate utilities and energy service companies in a transaction clearinghouse capacity. ABP 3000 and eXACT will allow Retx.com to ensure data integrity and aggregate transaction information to be sent to market participants for processing. “Retx.com’s innovative clearinghouse solution is essential to success in the deregulating energy industry,” said Cary Bullock, President of Excelergy. “We are excited to help streamline Retx.com’s real-time energy load management with our ABP 3000 and eXACT suite of solutions to provide customers with state-of-the-art transaction management.” Retx.com, founded in 1998, works with electric and gas distribution utilities and retail energy service providers that have or will deregulate or unbundle their energy services. It provides these companies with fully integrated and secure Web-based clearinghouse services customized for each company, including customer enrollment, meter information management, retail settlements, curtailment management, performing compliance responses, assisting with audit capability, and more. Retx.com also works with energy companies to plan and prepare for customer choice in future deregulating marketplaces. ... Excelergy delivers complete e-business solutions to retail energy companies operating in the global energy market. Excelergy's innovative suite of products includes Excelergy ABP™ 3000 customer relationship management and billing software, the Excelergy eXACT™ family of business-to-business transaction management solutions, and the web-based Energymarketplace energy portal. Headquartered in Lexington, MA, Excelergy also has offices in Santa Monica, CA and Atlanta, GA. More information is available at http://www.excelergy.com.
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